July 5, 2016
Memphis City Council initiated a discussion Tuesday about taxing short-term accommodation rental platforms such as Airbnb Inc. and HomeAway Inc. Councilman Berlin Boyd said short-term rentals are a gray-area loophole to the city’s hotel/motel tax. “There are a ton of properties available and a ton of revenue we’re potentially losing,” Boyd said. Memphis City Council is looking into an ordinance similar to ones in Nashville and San Fransisco that treats short-term rental property in a similar sense to a hotel or motel if it’s being rented on a regular basis….
Source: http://www.bizjournals.com/memphis/news/2016/07/05/memphis-citycouncil-considers-taxing-airbnb.html
Menu